United States was Cushman & Wakefield’s largest region in fiscal 2025, bringing in $7.08B of $10.29B (69%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| United States | $7.45B | $6.81B | $6.68B | $7.08B | ||||||
| All Other Countries | $1.85B | $1.87B | $1.92B | $2.29B | ||||||
| Australia | $447.80M | $472.50M | $466.20M | $501.80M | ||||||
| United Kingdom | $365.30M | — | — | — | ||||||
| Singapore | — | $335.70M | $380.70M | $420.70M | ||||||
| Total | $10.11B | $9.49B | $9.45B | $10.29B |
Cushman & Wakefield brought in $10.29B from its four regions in fiscal 2025, the year ended December 31, 2025. That was up 8.9% from $9.45B in fiscal 2024. United States was the largest at $7.08B (68.8%), ahead of All Other Countries at $2.29B (22.2%) and Australia at $501.80M (4.9%). The remaining region, Singapore, brought in $420.70M.
Compared with fiscal 2024, All Other Countries grew fastest, up 19.2% to $2.29B. Every region above 2% of revenue grew.
Cushman & Wakefield began breaking out Singapore in fiscal 2023, when it brought in $335.70M. Cushman & Wakefield stopped reporting United Kingdom as a separate region after fiscal 2022, when it brought in $365.30M.
Services was Cushman & Wakefield’s largest product and service line in fiscal 2025, bringing in $6.82B of $10.29B (66%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Services | $6.31B | $6.50B | $6.30B | $6.82B | ||||||
| Property, Facilities & Project Management | — | — | — | — | ||||||
| Leasing | $2.11B | $1.85B | $1.97B | $2.12B | ||||||
| Capital Markets | $1.19B | $697.60M | $723.70M | $859.80M | ||||||
| Valuation & Other | $500.20M | $440.40M | $446.10M | $484.70M | ||||||
| Total | $10.11B | $9.49B | $9.45B | $10.29B |
Cushman & Wakefield brought in $10.29B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 8.9% from $9.45B in fiscal 2024. Services was the largest at $6.82B (66.3%), ahead of Leasing at $2.12B (20.6%) and Capital Markets at $859.80M (8.4%). The remaining line, Valuation & Other, brought in $484.70M.
Compared with fiscal 2024, Capital Markets grew fastest, up 18.8% to $859.80M. Every line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these lines grew from $10.11B to $10.29B, a compound annual growth rate of 0.6%. Services' share of the total rose from 62.4% to 66.3%.
Over Time was Cushman & Wakefield’s largest revenue line in fiscal 2025, bringing in $6.82B of $10.29B (66%).
| Timing Of Transfer Of Good Or Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Over Time | $6.31B | $6.50B | $6.30B | $6.82B | ||||||
| At A Point In Time | $3.30B | $2.55B | $2.70B | $2.98B | ||||||
| At A Point In Time Or Over Time | $500.20M | $440.40M | $446.10M | $484.70M | ||||||
| Total | $10.11B | $9.49B | $9.45B | $10.29B |
Cushman & Wakefield brought in $10.29B from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 8.9% from $9.45B in fiscal 2024. Over Time was the largest at $6.82B (66.3%), ahead of At A Point In Time at $2.98B (29.0%) and At A Point In Time Or Over Time at $484.70M (4.7%).
Compared with fiscal 2024, At A Point In Time grew fastest, up 10.6% to $2.98B. Every revenue line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $10.11B to $10.29B, a compound annual growth rate of 0.6%. Over Time's share of the total rose from 62.4% to 66.3%.
Cushman & Wakefield (CWK) reports its revenue by geography, by product and service and by timing of transfer of good or service. In fiscal 2025, United States was its largest region, bringing in $7.08B (68.8% of the total), followed by All Other Countries at $2.29B (22.2%).
United States was Cushman & Wakefield's largest region in fiscal 2025, bringing in $7.08B, or 68.8% of the $10.29B total across its four regions.
Services was Cushman & Wakefield's largest product and service line in fiscal 2025, bringing in $6.82B, or 66.3% of the $10.29B total across its four product and service lines.
Over Time was Cushman & Wakefield's largest revenue line in fiscal 2025, bringing in $6.82B, or 66.3% of the $10.29B total across its three revenue lines.
Among Cushman & Wakefield's regions that make up at least 2% of revenue, All Other Countries grew fastest in fiscal 2025, up 19.2% from $1.92B to $2.29B.
Every figure comes from Cushman & Wakefield's annual financial filings, as reported. Each line keeps the name Cushman & Wakefield gives it, and years follow its fiscal calendar.
Cushman & Wakefield's revenue by geography goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.